Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
earnings
Sports
Nike Climbs as Apple’s Tim Cook Buys $3 Million in Stock
The athletic brand’s shares ticked up 2 percent in premarket trading on Wednesday.
Nike Climbs as Apple’s Tim Cook Buys $3 Million in Stock
The athletic brand’s shares ticked up 2 percent in premarket trading on Wednesday.
Luxury
Opinion: Golden Goose’s $2,000 Sneakers Are a Rare Win for Private Equity
The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
Opinion: Golden Goose’s $2,000 Sneakers Are a Rare Win for Private Equity
The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
Beauty
Struggling Coty Names P&G Veteran as Interim CEO
Markus Strobel will replacing Sue Nabi, as the company faces pressure on its mass-market business and a steep share-price decline.
Struggling Coty Names P&G Veteran as Interim CEO
Markus Strobel will replacing Sue Nabi, as the company faces pressure on its mass-market business and a steep share-price decline.
Sports
Nike Sales Beat Is Overshadowed By Converse, China Slumps
Direct-to-consumer sales missed expectations, while Converse plunged 30 percent in the fiscal second quarter ended Nov. 30.
Nike Sales Beat Is Overshadowed By Converse, China Slumps
Direct-to-consumer sales missed expectations, while Converse plunged 30 percent in the fiscal second quarter ended Nov. 30.
Retail
Birkenstock Sales Climb as Shoppers Snap Up Its Sandals, Clogs
The company reported higher sales and profit on strong demand for its pricey sandals and clogs, while predicting a slower pace of growth for the year ahead.
Birkenstock Sales Climb as Shoppers Snap Up Its Sandals, Clogs
The company reported higher sales and profit on strong demand for its pricey sandals and clogs, while predicting a slower pace of growth for the year ahead.
Sports
Big Marketing Push by Nike Is Unlikely to Boost Earnings Just Yet
The sportswear giant is expected to report that net profit fell for the sixth straight quarter in the three months ended Nov. 30, more than halving to $562.35 million.
Big Marketing Push by Nike Is Unlikely to Boost Earnings Just Yet
The sportswear giant is expected to report that net profit fell for the sixth straight quarter in the three months ended Nov. 30, more than halving to $562.35 million.
Beauty
TPG Cuts Stake in Anastasia Beverly Hills, Takes $600 Million Hit
The private equity firm exited most of its stake in Anastasia Beverly Hills as part of a debt restructuring, largely wiping out its initial investment, according to people familiar with the matter.
TPG Cuts Stake in Anastasia Beverly Hills, Takes $600 Million Hit
The private equity firm exited most of its stake in Anastasia Beverly Hills as part of a debt restructuring, largely wiping out its initial investment, according to people familiar with the matter.
Luxury
Brunello Cucinelli Lifts 2025 Revenue Growth Forecast to Up to 12%
Fourth-quarter sales are expected to post double-digit growth at constant exchange rates.
Brunello Cucinelli Lifts 2025 Revenue Growth Forecast to Up to 12%
Fourth-quarter sales are expected to post double-digit growth at constant exchange rates.
Beauty
CVC Plans Sale of Japan’s FineToday After Scrapped IPO
The private equity firm is seeking $2 billion for the personal care firm, after acquiring it from Shiseido in 2021 for $1.5 billion.
CVC Plans Sale of Japan’s FineToday After Scrapped IPO
The private equity firm is seeking $2 billion for the personal care firm, after acquiring it from Shiseido in 2021 for $1.5 billion.
Global Markets
Worldview | Kering’s Bet on Chinese Gold Jewellery
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
Worldview | Kering’s Bet on Chinese Gold Jewellery
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
Luxury
Despite Art Market Lull, Art Basel Still Delivers for Miami Beach
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Despite Art Market Lull, Art Basel Still Delivers for Miami Beach
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Retail
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.